Social Media

Winklevoss Twins Give Up on Facebook Case

After years of litigation and multiple appeals, Tyler and Cameron Winklevoss have decided to take their cash and end their judicial crusade against Facebook and Mark Zuckerberg.

The twins, who became mainstream figures thanks to the success of The Social Network, accused Zuckerberg of stealing the idea and technology for Facebook when they were classmates at Harvard. The two sides settled in 2008 in a deal worth approximately $200 million today, but in the past year, the twins have tried to appeal the settlement based on the claim Facebook and Zuckerberg defrauded them on the true value of Facebook stock.

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